Strategic Financial Management

To assess the complex decision making necessary at the higher levels of management, including

evaluating and setting up reward systems for subordinates and other personnel, evaluating expansion opportunities, mergers and acquisitions, spin-offs, sale of existing assets, making decisions on complex investment opportunities and managing risk.

9 References For SFM

Strategist always try : to look at various decisions & situations understand most important Sustainable Success Factors in order to design Financial Game Plan. It gives a Umbrella View of Enterprise Short & Long-Term Profit & Growth Management Other names : Horoscope of Success 9 References = 9 Planets

Nine S Model Combines Quantitative & Qualitative Skills of a Strategist

Horoscope Of Success/ 9 S

Soul Searching for Continued Bench Marking

Horoscope Of Success/ 9 S
STRATEGIC COST MGMT. Micro-level Strategic Analysis of various Cost-Structures & Cost-Implications Indicates Cost-molecules of Strategic Importance Few Theories ABC, OBC, Life Cycle Costing, Notional Cost-Benefit Analysis, etc. Validates Enterprise ValueChain

SELECTIVITY Right Business Choice, based upon Enterprise Core Competence Building Flexible Core Competence together with Strategic Cost Mgmt. Core Competence should match with Change in Demand Keeping Eye on Pragmatic Cost Management

Horoscope Of Success/ 9 S
SYSTEMS Need for Supportive Mechanisms to Make SFM continued success Systems Technological, Accounting, Information & Operational To make SFM an Automatic Process both Inside & Outside 4-Tier Accounting System will serve :

1-TierFormal Accounting Req. of External & Statutory Reporting 2-TierPurpose of Responsibility Accounting 3-TierSignificant Data to Key Executives for Decision-Making Process 4-TierAssists Owners, Promoters in taking Strategic Decisions

SENSITIVITY Strategic Information Management Analyst/Strategist must :

know strategic use of every piece of Information be able to transform x info. y info., in minimum possible cost & time have capacity of Generalist to convert Technical Data Commercial Data Commercial Data More Approx. & More Macro

Horoscope Of Success/ 9 S
SUSTAINABILITY Sustainability involves Long Term Strategic Planning Strategic Game-Plan is a combination of Business Strategy & Business Funding Strategy Sustainability = Managing New Competitors + Extra Cost on Sustenance Designing Time-Bound ActionPlan to save Core Competence Sustained Average ROI Average achievable ROI, to be Benchmarked, considering pros & cons at economy, industry & enterprise-level. SUPERIORITY Position of Leadership Sustaining Leadership Very Expensive Exercise Enterprise Identity Most Indispensable part of Value-Chain Retain ones Identity at any cost in Competitive Market SANCTITY Ethical Economics of Business Offers Long-Term Sustainable Brand Equity Cost of Ethics Initially High, but after Break-even, Decline in Cost & Sharp Rise in Revenues

Horoscope Of Success/ 9 S
STRUCTURAL FLEXIBILITY Approx. Qualitative + Quantitative Adaptability & Adjustability of an Org. Flexibility Human, Technical, Systems, Financial & Entrepreneurial Converts Threats into Opportunities, & Losses into Profits

SOUL SEARCHING Based on Continuous Benchmarking Requires Financial Alertness, Innovation, & Total Exposure to New Variables & Parameters Benchmark Validity Exercises Strategy Audit, Policy Audit, Management Audit & Organizational Diagnosis (Qual.) Validates Enterprise ValueChain